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Howard Marks on Understanding Risk

July 04, 2012 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
The pursuit of higher returns requires investors to accept greater uncertainty, a wider range of outcomes, and a higher probability of some negative outcomes, says Oaktree Capital Chairman Howard Marks.

He also said: There are intelligent ways to invest despite extreme uncertainty--including the wisdom to accept when you don't know. 'I Dont Know' is the best conclusion on Europe

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[www.morningstar.com]

About the author:

I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

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